California City and Assured Guaranty Reach Bankruptcy Exit Deal October 4, 2013 By Jim Christie Stockton, Calif. and Assured Guaranty have reached an agreement to restructure more than $150 million of outstanding debt to help...
Burand’s Agency E&O Blog: Tip #26 March 20, 2013 By Chris Burand Bond Specifications & Company Ratings. Do you check? When commercial clients need a bond, they almost always have a contract...
Euro Zone, IMF Secure Deal on Cutting Greek Debt November 27, 2012 By Annika Breidthardt and Jan Strupczewski Euro zone finance ministers and the International Monetary Fund clinched agreement on reducing Greece’s debt on Monday in a breakthrough...
China’s State Insurers Give ‘Thumbs Up’ to Party with 50-year Bond Buy November 14, 2012 China’s state-owned insurers gave a vote of confidence in the ruling Communist Party as it winds up its five-yearly congress...
EU, IMF Clash over Greece Revives Debt Crisis Fears November 13, 2012 By Annika Breidthardt and Jan Strupczewski A public clash between Greece’s international lenders over how Athens can bring its debts down to a sustainable level has...
Europe Drawn Back to its First Problem – Greece August 27, 2012 By Luke Baker and Deepa Babington The euro zone debt crisis was born in Greece. Nearly three years and two bailouts on Europe must decide whether...
Germans Say “Nein! No! Non!” Ahead of Euro Summit June 28, 2012 By Sarah Marsh and Paul Taylor EU leaders go into a Brussels meeting today, Thursday June 28, more openly divided than at any time since the...
World Economies Prepare for Panic after Greek Elections June 15, 2012 By Jan Strupczewski and Stella Dawson Authorities in the world’s major economies are preparing for a possible market storm or public panic after cliffhanger Greek elections...
Analysis: EU’s Spain Bank Rescue May Bring only Brief Respite June 11, 2012 By Paul Taylor Euro zone finance ministers rushed Spain into an EU-funded rescue for its debt-stricken banks to pre-empt the threat of a...
Missouri Insurance Company Sues Over Mamtek Bonds March 23, 2012 Columbia, Mo.-based Shelter Insurance has filed a $390 million lawsuit against a Memphis firm that it says failed to do...